Loss relief and Office of Fair Trading: Difference between pages

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imported>Doug Williamson
(Standardise capitalisation of UK government.)
 
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''Tax.''
(OFT).  


Tax benefits to a taxpayer arising from having made losses.  
A former UK government department, which had the objectives of promoting and protecting consumer interests throughout the UK, while ensuring that business remained fair and competitive.


For example, an entitlement to offset tax losses against other taxable profits, to reduce the amount of tax payable.
The work and responsibilities of the former OFT were distributed to a number of other bodies including the Competition & Markets Authority.




== See also ==
== See also ==
* [[Tax relief]]
* [[Competition & Markets Authority]]

Revision as of 13:25, 22 November 2017

(OFT).

A former UK government department, which had the objectives of promoting and protecting consumer interests throughout the UK, while ensuring that business remained fair and competitive.

The work and responsibilities of the former OFT were distributed to a number of other bodies including the Competition & Markets Authority.


See also